It's on! The West has an article titled "Territory to launch tilt at ConsMin"
Seems it will be a $680M+ bid, cash and Territory scrip aimed at about $3/share.
Territory has sought to do DD on the CSM as a prelude to launch a formal takeover offer.
Baxter could not be reached for comment early last night. Article finished with an old MK quote "I believe the current management have not operated the assets in the best interests of all shareholders" You can say that again, Mike!
CSM
cosmo gold limited
territory stepping up to the plate
Currently unlisted. Proposed listing date: TBA
Add to My Watchlist
What is My Watchlist?